Ruchira Papers Limited (NSE: RUCHIRA)

RUCHIRA Technical Analysis

3

As on
9th Dec 2016 RUCHIRA Share Price closed @
105.80 and we RECOMMENDBuy
for LONG-TERM with Stoploss of
77.07 &
Buy for SHORT-TERM with Stoploss of
104.78
we also expect STOCK to react on Following IMPORTANT LEVELS.

Ruchira Papers Limited manufactures and sells paper products primarily in India. The company offers kraft paper, which is used in the manufacture of corrugated boxes and rolls for industrial packaging; and DTY/POY grade kraft paper that is used in manufacturing textile tubes, as well as in wrapping various types of yarn. It also provides writing and printing paper for use in manufacturing note books, publications, etc., as well as a special grade of writing and printing paper for wedding and greeting cards, art sheets and coloured scrap books, and drawing sheets and paper for multipurpose office use. The company also exports its products to various markets, such as Nepal, Israel, and the United States. Ruchira Papers Limited markets its products through a network of dealers/distributors. The company was incorporated in 1980 and is based in Yamuna Nagar, India.

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